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Musk says Cybertruck production to shut down in 8 months
CEO says Tesla to return Cybertruck deposit to ‘lot of people’
(Kyle Grillot/Bloomberg News)
Key Takeaways:
- Tesla will refund many Cybertruck deposits because orders exceed production capacity ahead of the electric pickup’s planned phaseout next year.
- Cybertruck sales have fallen short of projections, while Tesla is shifting capacity toward artificial intelligence, robotics and autonomous vehicles.
- Tesla plans to end Cybertruck production around mid-2027 to free Texas plant capacity for additional Cybercab production.
Tesla Inc. will refund Cybertruck deposits for a considerable number of customers because it has more orders than it can process before ending production next year, according to CEO Elon Musk.
“The Cybertruck order rate far exceeds our production rate,” Musk wrote Nov. 9 in a post on X.
READ MORE: Tesla’s Cybertruck could be as big a flop as the Ford Edsel
“We will try to make as many as possible before shutting down the line in about 8 months,” he added, pushing back against reports that Tesla was discontinuing the divisive electric pickup because it’s losing money.
Musk announced last week that Tesla would stop making the Cybertruck at its Texas plant around the middle of 2027 to free up capacity for its Cybercab autonomous vehicle.
The Cybertruck order rate far exceeds our production rate. We will try to make as many as possible before shutting down the line in about 8 months, but will have to return deposits for a lot of people. This is not a case of Cybertruck being unprofitable, as has been misreported by legacy media, but rather that the opportunity cost of the complexity of Cybertruck is vastly outweighed by the value of incremental Cybercab production.
— Elon Musk (@elonmusk) November 9, 2026
Sales have fallen well short of demand projections and Tesla is making only a fraction of what the facility is capable of producing.
Ending the Cybertruck extends a trend in which Tesla pares back more expensive and slower-selling models from its lineup to refocus on business lines including artificial intelligence, robotics and autonomous vehicles.
